Take a look at some of the biggest moves.
Oil stocks rose broadly in premarket trading after energy prices surged overnight, with US benchmark West Texas Intermediate crude briefly breaking above $130 per barrel. Exxon Mobil's shares rose more than 1%, while Chevron's rose more than 1%. Baker Hughes jumped 4%, while ConocoPhillips rose 2%.
The shares of Bed Bath & Beyond surged 70% in premarket trading on Monday after the chairman of the retailer revealed he had a stake. Cohen said the company should spin off its BuyBuy Baby chain.
Crop prices jumped amid supply concerns due to Russia's invasion of Ukraine, causing shares of the agricultural company to jump 3.9% premarket.
Visa and Mastercard said over the weekend that they were suspending operations in Russia. Visa's stock was down 2%, while Mastercard's stock was down 1.7%.
The oil and gas company's shares jumped 8% after a regulatory filing showed that Warren Buffet's company increased its stake. The conglomerate bought more than 61 million of the shares from Wednesday to Friday. The oil giant has 91.2 million shares of common stock owned by the company.
After the companies announced a merger agreement, shares of Whiting and Oasis moved higher in premarket trading. The new company will have an enterprise value of about $6 billion and will be majority owned by the shareholders of Oasis. Oasis jumped more than six percent, while Whiting's stock rose 4.9%.
The bank's stock dropped 2.8% in premarket trading after it received a downgrade. According to the firm, Citi was unlikely to hit the financial targets detailed at the investor conference last week.
The report was contributed to by CNBC'sMaggie Fitzgerald, Yun Li and Hannah Miao.
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